Pokerstars owner Star Group has issued an update on its guidance for this year’s performance, predicting group revenue in the range $1.28-1.31 billion, an increase on its earlier assessment that revenues would reach $1.20-1.26 billion. Group CFO Brian Kyle expects EBITDA in the $590-610 million range, up from the previously anticipated $560-580 million, with adjusted …
Online gambling games developer Wazdan went on a games release spree this week, launching seven new games at once, including Wild Guns, Jack Cadillac 27, Jumping Fruits, Fenix Play Deluxe, Fenix Play 27 Deluxe, Magic Fruits Deluxe, Bars & 7s. Some of the new slots, specifically Fenix Play Deluxe, Fenix Play 27 Deluxe and Magic …
Better Collective, which develops online gambling information and tips platforms, has announced the acquisition for an undisclosed consideration of French digital company Pull Media. A spokesman for Better Collective said that the acquisition represents a substantial step forward in the company’s growth strategy, with Pull Media set to aid Better Collective in its French regulated …
Isle of Man tier one online gambling games and technology developer Microgaming has announced an agreement that will see it become the exclusive software supplier for bingo to major online operator Marathonbet. Through the new deal Marathonbet will benefit from a range of bingo variants, over 400 casino in bingo side games, access to the …
Online bingo operator Jackpot Joy has announced that Irish comedian and celebrity presenter Paddy McGuinness has succeeded Barbara Windsor as the new face of Jackpot Joy. The popular entertainer will feature in the company’s integrated advertising campaign that builds through a series of content on TV and online. The first of the new campaign adverts …
The governing council of the Spanish province of Andalusia has approved new gambling regulations for the region that legalise sports betting and should raise around Euro 1.65 million in additional tax revenue, according to local media reports. Hitherto, Andalusia was the only regional government that did not permit sports betting. The Andalusia Gambling Regulations cover …
The legal challenge mounted by online gambling group Betsson against the Dutch gambling regulator and its tighter regulations prohibiting offshore companies from accepting business from Dutch residents has been dismissed as inadmissible by a Dutch court. In May this year the Kansspelautoriteit launched new regulations banning online gaming operators and their affiliates from targeting Dutch …
Stars Group (formally Amaya Inc.) investors experienced a surge of 8.75 percent in the share price Friday after the company presented revised financial figures for Q2-2017 which included: * Revenues up 6.8 percent (excluding foreign exchange rates 7.9 percent); * Online poker revenues down 5.9 percent; * Online casino and sportsbook revenues up 50.2 percent …
Live dealer provider Ezugi has signed up software provider BtoBet as its latest partner. BtoBet offers opportunities and growth potential for Ezugi and is a pioneer in new technologies for iGaming operators and the betting industry. The game offering includes the latest Bet behind BJ and the innovative Baccarat OTT, which brings the Ezugi suite …
H1-2017 figures released this week by Sweden’s regulator Lotteriinspektionen show that online gambling operators licensed offshore continue to dominate the online segment, although the local gambling monopoly has experienced revenue growth in the double-digits. Sweden’s overall gambling market reported turnover of SEK 11 billion in the first half of 2017 – up 3 percent year-on-year, …
Online casino operator BGO has grasped the nettle firmly in its new policy on bonuses, eschewing the traditional “wager-through” requirement despised by many players, with rewards that include either a cash payment or free spins. It’s a bold move away from the historical bonus system, which has caused major headaches and disputes for operators and …
Faro Entertainment has announced the launch of its new, Malta-licensed online casino Mr Bet, which offers a wide range of games from 26 quality developers that include NetEnt, NextGen Gaming, Endorphina, iSoftBet and Playson. The website is clean and simple to navigate on mobile, tablet, Mac or PC, and comes in several language versions that …
Recent and embarrassing marketing and promotional faux pas by online gambling casino affiliates have attracted widespread adverse publicity for some top operators and incurred penalties for them from the authorities, so it is hardly surprising to see an operator backlash as companies seek to ensure they are compliant with tightening regulatory requirements. Sky Betting and …
Wisconsin could be the next US state to legalise daily fantasy sports following the introduction to the state Assembly this week of a measure on which Rep. Tyler Vorpagel has been working since January. Back then a spokesman for the lawmaker confirmed he was busy drafting a bill to legalise and protect online fantasy sports …
The subject of additional online gambling licenses in the lucrative Italian market has been hanging around for the past year or more, but media sources with insider informants are predicting that the tenders for 120 new licenses will open next week and last for two months. The sources have indicated that 40 of the new …
Bulgaria-based eSports and iGaming solutions provider UltraPlay has noted increased demand for its eSports betting suite on the European market following the latest eSports betting integrations on fast2play, BetArena Interactive, BetOnline.ag and several other online gaming websites. The company made the observation in launching Master Mazuma – a fully eSports dedicated betting brand, along with …
An international study that involved over 4,000 respondents in the US, France, Germany, India, the Philippines, Singapore, South Korea, and the United Kingdom has indicated that young men and women in the United States watch eSports more than traditional sports. The study, titled State of Online Video was conducted by independent CDN service provider Limelight …
Online gambling group GVC Holdings plc has released its interim results for the six months ended 30 June 2017, highlikghting: * NGR up 10 percent at Euro 486.2 million (+12 percent in constant currency) vs pro forma H1 2016; * Clean EBITDA of Euro 133.9 million, up 28 percent vs pro forma H1 2016 (Euro …
In its Q2-2017 report released Wednesday Greek betting and lottery operator OPAP posted a more than 33 percent y-o-y decline in net profit, attributed to increased marketing spend on new products and a fall in revenue. Highlights of the report included: * Revenue down 2.5 percent at Euro 330 million; * Earnings down almost 24 …
The Asia-Paciofic division of international and independent test and certification group Gaming Laboratories International has announced that it has become the first such organisation to be accredited by the Philippine Amusement and Gaming Corp. The accreditation means that GLI is approved to test and certify online gaming systems used by holders of Philippine Offshore Gaming …
The Pennsylvanian House has at last managed to pass a funding proposal for the state budget approved back in June this year, with politicians approving bill H 453 Wednesday night on a vote of 103 vs. 91, apparently disregarding an earlier Senate-approved bill the House has been sitting on for weeks. The measure will now …
Rep.Brandt Iden’s online gambling regulatory bill HB4926 appeared to receive little support from Indian and land casino operators Wednesday, with just one tribal representative out of the 12 that operate 23 casinos in the state showing up at a committee hearing to oppose the proposal, although the MGM, Greektown and MotorCity casinos indicated that they …
For the sixth month running New Jersey online operators reported revenues in excess of $20 million in August, with the New Jersey Division of Gaming Enforcement releasing figures that show revenue of $21.3 million, up year-on-year by 32.4 percent (August 2016: $16.1 million). Overall land casino win in reported by Atlantic City operators was $223.6 …
Streamlining operational and marketing efficiencies is assisting progress for Gaming Realms who reported improved EBITDA and reduced losses albeit still reporting the company in the red. Key performance indicators for the first half period ending June 30, 2017, include: – Revenue growth of 5 percent to GBP 15.7 million (H1/16: GBP 14.9 million) driven by …